The company had reported a net profit of Rs 1,204 crore in the year-ago quarter.
Revenues from operations went up by 16% to Rs 12,126 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 20% to Rs 1,823 crore.
“In Q2FY26, the auto industry returned to broad-based growth, further supported by positive festive sentiment,” said Vivek Anand, chief financial officer at Hero MotoCorp. “Hero MotoCorp witnessed strong momentum, aided by the success of our new launches, expanding product portfolio and customer-centric marketing campaign.”
The company sold 1.691 million units in the quarter, an increase of 11% over the year-ago period.
“Furthermore, the company’s emerging mobility business—VIDA—returned growth ahead of the industry average and the company outperformed the markets in global business,” Anand said.The company’s exports grew 77% last quarter, thrice of the industry, led by strong demand from markets in Bangladesh, Nepal, Sri Lanka and Colombia.Anand said Hero MotoCorp expects the momentum in growth to continue, supported by benefits flowing in from the GST reforms, healthy macro-economic parameters and a robust product portfolio.
“We remain committed to sustained growth and will continue to invest strategically in technology, global markets and product innovation to build long-term value for our shareholders,” he added.
Shares of Hero MotoCorp closed 0.42% down at Rs 5,506.75 apiece on the BSE on Thursday. The company reported the earnings after market hours.